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Some of the players in the HVAC centrifugal compressors market share include
Rising electricity consumption and increasing demand for environmentally-sustainable processes will support the penetration of modern technologies. Other participants are
Intense competition, surging energy expenses, and aggressive sustainability goals by government putting pressure on facility owners to accomplish greater productivity and industry standards.
Major manufacturing companies are anticipated to invest in technological advancements & increase their R&D activities to gain a competitive advantage over the projected timeframe. For instance, Bharat Heavy Electricals Limited has a strategic alliance with GE Oil & Gas’ Italian entity, Nuovo Pignone, to manufacture higher size centrifugal systems by 2020.